(BFM Stock Exchange) – The Parisian index closes slightly increased this Wednesday, September 10, after an unexpected decline in production prices in the United States. Data that reinforces market expectations a little more about a drop in rates of the American federal reserve this month.

The Paris Stock Exchange has weakened at the end of the session, but the main thing is done, it signs a third consecutive session in the green. The CAC 40 fence slightly increased by 0.15%, to 7,761.32 points, this Wednesday, September 10.

The American production prices for the month of August were the statistical meeting of the day. And against all expectations, the production price index (PPI) fell 0.1% while the consensus awaited an increase of 0.3%. They had increased by 0.7% in July.

“An increase of 0.3 % in a monthly shift is expected for basic and global figures. We doubt that an upward surprise can long support the resumption of the dollar, now that the market is convinced that the Fed will make a drop in rates next Wednesday. The strong downward revision of US employment figures yesterday reinforces this opinion,” explained Ing economists before the publication of statistics.

Investors are more than convinced than a drop in rate of a quarter -percentage point is on the program of the September meeting. According to the Fedwatch tool of CME Group, investors attribute a probability of 90% to this scenario and even 10% for a drop of 50 base points.

Still on the other side of the Atlantic, Oracle flies 40% to Wall Street, and is thus heading for its best session since 1992. The American group has unveiled exceptional prospects despite results slightly below expectations.

The Oracle outbreak energizes the S&P 500 and the Nasdaq Composite, which have reached new records, respectively 6,555.97 points and 22,000.97 points.

An increasing defense sector

As for the values ​​in Paris this time, it was the defense sector that stood out after Poland said it had killed “hostile objects” in its airspace during a Russian attack. Strong increase in CAC 40 at the fence, Thales won 3%. On the SBF 120, it is exoseens who finished the race in the lead (+8.2%).

The title of the specialist in military optronics is followed by Alstom which jumped 6.8% after the announcement of a major contract in the United States.

On the side of small and medium capitalizations, the generative AI specialist Lighton fell 12.5% ​​after declaring that it would be difficult for him to achieve his activity objective for the 2025 financial year.

On the other markets, the euro clips 0.13% against the greenback at 1.1717 dollars. Oil is still growing despite the surprise increase in weekly crude stocks in the United States, carried by geopolitical risk. The November contract on the Brent de Mer du Nord gains 1.7% at $ 67.56 a barrel while that of October on the WTI listed in New York climbed from $ 63.86 to a barrel.